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Eimskip misses 2019 target after weak end to the year

Icelandic container line Eimskip downgrades its guidance for its 2019 operating result. The reasons include a weak conclusion to the year and added expenses for the closing of an office.

Photo: PR/Eimskip

Icelandic container line Eimskip will not meet its previously announced target for 2019.

The shipping company had originally guided for an operating result (EBITDA) of EUR 52-55 million. Now, management expects to land at EUR 49-50 million instead, shows a stock exchange notice.

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